Residential sales activity through MLS® Systems of real estate boards in Ontario reached 180,881 units in 2024, a modest increase of 3.1% compared to 2023. The annual average home price for 2024 was $865,287, reflecting a slight decline of 0.6% from 2023. This steady sales growth and a marginal price adjustment highlight a balanced and resilient real estate market in Ontario.

Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 163,344 units in November 2024, a modest increase of 3.3% compared to November 2023. The average price of resale residential homes sold across the province in November 2024 was $863,634, down only 0.5% from November 2023. ...

Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 147,074 units in October 2024, a modest increase of 1.7% compared to October 2023. The average price of resale residential homes sold across the province in October 2024 was $866,834, down only 0.9% from October 2023.

Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 131,130 units in September 2024, a modest decrease of 1.5% compared to September 2023. The average price of resale residential homes sold across the province in September 2024 was $865,359, down only 1.3% from September 2023. Months of inventory numbered 4.9 at the end of September 2024, up from the 4.3 months recorded at the end of September 2023 and above the long-run average of 2.9 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity. ...

Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 117,460 units in August 2024. This decreased by 2.8% from August 2023. The more comprehensive year-to-date average price was $867,787, a minor decrease of 1.4% from the first eight months of 2023. Months of inventory numbered 4.3 at the end of August 2024, up from the 3.2 months recorded at the end of August 2023 and above the long-run average of 2.6 months for this time of year. ...